SC Health Corp.
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SC HEALTH MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF SC HEALTH CORP. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – SCPE
April 28, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of SC Health Corp. (NYSE: SCPE) and Rockley Photonics, Ltd. is fair to SC Health shareholders. The transaction will result in Rockley becoming a publicly traded company on the NYSE under the symbol “RKLY” and values Rockley at a pro forma enterprise value of $1.2 billion.
The investigation concerns whether SC Health and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for SC Health shareholders; and (2) disclose all material information necessary for SC Health shareholders to adequately assess and value the merger consideration. On behalf of SC Health shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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